South Africa’s private credit up 1.29% y/y in October

JOHANNESBURG (Reuters) – Private sector credit in South Africa rose 1.29% year on year in October, after rising by 1.6% in September, central bank data showed on Tuesday.

The broadly defined M3 measure of money supply increased by 3.19% in October, after expanding by 4.01% in the previous month.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Tim Cocks)

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